- Modern medicine relies heavily on gases. Gases help with breathing and aesthetic and allow professionals to analyze the functioning of the lungs and cardiovascular system. They are also used in diagnosis and cryosurgery.
- Medical gas basically refers to medicinal gaseous molecules that provide medical solutions. Medical gas is sterile and free of contaminants. It is used in hospitals to synthesize, sterilize, or insulate processes or products that benefit human health and inhaled by patients in a practice called as gas therapy
- North America is expected to dominate the medical gasses market with 36.15% due to well-established healthcare system with advanced hospitals and clinics
- Asia-Pacific is expected to be the fastest growing region in the medical gas market during the forecast period due to policies aimed at improving healthcare access and quality are contributing to the growth of the medical gases
- Pure medical gases segment is expected to dominate the market with a market share of 57.30% due to its increasing number of patient hospitalizations, rising prevalence of chronic diseases, and road accidents worldwide are major factors driving the segment expansion
